CNN: Bank Failure Second Largest in US History

Excerpt:

This bank, 16th largest in the U.S., was proudly woke, politically correct, with a website signaling endlessly its Diversity Inclusion Equity (DIE) credentials . . .

Turns out, this absurd ideological positioning is now correlated with cascading implications for ordinary people, who have never given a rat’s ass thought to academically inspired, so-called, racial, gender, and other continuously dividing “identities.”

Lulz from the SVB website

Excerpt:

They’ve already gotten ugly for one “woman of color” at the bank, who may be turning into the scapegoat.

When things get ugly, they do so fast.

Silicon Valley Bank’s Top Woman Executive LGBTQ+ activist gets blamed for bank’s failure

But hey, lady, you might live to thank the bank.

Now, let’s address virtue signalers on the home front. What might they learn from Friday’s SVB debacle, which, come Monday, we might learn has ignited the possibly cascading failure of the already fading fiat global financial system?

It may be that the entire woke edifice is about to get cancelled.

It may be that things are about to get very real, very fast.

Fake, divisive, ideological positioning is a luxury, easily discarded, when faced with the need to survive.